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Technology Stocks : Keane The leading y2k service provider

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To: Hawkmoon who wrote (329)1/23/1998 12:32:00 PM
From: Mark T. Heath  Read Replies (1) of 1316
 
Ok, thanks for the clarification. Regarding gold, it is bouncing off of 12 year lows and is showing strength today thanks to Clinton and his girlfriends, the word "impeach" being thrown around, Asia flu, etc. However, the bounce may only be a temp thing since a deflationary enviroment is more likely than inflationary. Deflation has not happened in my life, so this is new to me. I've been looking at gold simply thinking it can't go any lower. But all of the research I've done shows gold is not a hedge for deflation, so I've remained on the sidelines while Battle Mountain, Amax, Barrick Resources sell for 60 to 70% what they did for just a few years ago.

Keane has given up it's earlier gains as the market is now down. Rumors and reports that Rubin is bailing on Clinton. This may be very bad for the IMF bailout and the Asian economies if true.
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